How a Coming Supreme Court Clash over Prediction Markets Could Reshape American Betting
Nevada regulators said Kalshi’s sports contracts are gambling, while New Jersey asked the Supreme Court to settle conflicting rulings in at least 20 states.
6 Articles
6 Articles
How a coming Supreme Court clash over prediction markets could reshape American betting
New Jersey Petition Forces Kalshi's Supreme Court Reckoning Over Sports Contracts
New Jersey wants the Supreme Court involved. Attorney General Jennifer Davenport filed a petition asking the nation’s highest court to… Read the original on New Jersey Seeks Supreme Court Review of Kalshi’s Controversial Sports Contracts. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Federal Courts Now Disagree on Kalshi’s Sports Contracts. New Jersey Wants the Supreme Court to Settle the Fight
It is the first time either side of the dispute has asked the justices to step in, and the timing is not a coincidence: New Jersey had been waiting for exactly this kind of conflict before filing. Why the Timing MattersNew Jersey Attorney General Jennifer Davenport's office had reason to wait. In June, it asked Justice Samuel Alito for more time to file, arguing that rulings expected from the Fourth or Ninth Circuits, or the Massachusetts Suprem…
New Jersey is Taking Kalshi to the Supreme Court
New Jersey is asking the Supreme Court to settle the prediction markets fight New Jersey is taking the fight over Kalshi's prediction markets to the Supreme Court, the first time a state has asked for that to happen. This is part of a broader turf war between the CFTC and the states over what a...
New Jersey is asking the U.S. Supreme Court to intervene for the first time in a regulatory dispute over forecast markets such as Kalshi and Polymarket. New Jersey Attorney General Jennifer Davenport filed a lawsuit with the Supreme Court on Wednesday (September 2), requesting a hearing on a lower court ruling that forecast markets are subject only to federal regulation. If the Supreme Court supports New Jersey, it could pave the way for state r…
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